For years, blue eyes have been very
out of fashion on Wall Street
to the point of obvious and systemic discrimination.

During the era I lived in Manhattan,
the overwhelming ethnic profile of banking and the New
York Mayor`s office Manhattan was "Mediterranean
White." This extended to Washington D.C.
appointments,some of whom came from those communities.

"Last I looked,Lloyd Blankfein,Richard Fuld, Stan
O`Neal, Jimmy Cayne and Sandy Weill weren`t
Skull-and-Bones guys. The only place where there was
even a hint of blue blood the whole time I worked on
Wall Street was at Morgan, and that got swept away years
ago.

“We are
reviled for much on Wall Street but one thing we are
pretty good at is having a meritocracy of numbers. You
deliver the numbers no matter what race,color or
creed you are, you`re moving up. You blow the numbers
away, you are king. You mess up on the numbers, you are
supposed to be gone.

“And that`s the true irony in this Morgan Stanley story.
The guys departing Morgan Stanley now aren`t Bones types
at all. They left long ago. The guys departing now are
the numbers guys. That`s the real irony."

This time around, some more of the
Mediterranean white country club members messed up the
numbers real big. They`re gone, too.

But Mack and Pandit are still there.

So much for the meritocracy theory.

Rosseau is a naturalized
United States citizen and an engineer by trade.
Rousseau, who speaks five languages and works for a
multinational corporation, lives in a major metropolitan
area.